InvestorsHub Logo
Followers 10
Posts 918
Boards Moderated 0
Alias Born 12/04/2012

Re: Adrock post# 135361

Monday, 12/20/2021 7:13:42 PM

Monday, December 20, 2021 7:13:42 PM

Post# of 140464
McNally Scoopin?

Business acquisitions accelerate in response to President Biden’s plan to double the long-term capital gains tax rate for those at the top, from 20% to 40%. When you include the 3.8% net investment income tax (NIIT) and some state income taxes, you could be looking at a 48% all-in capital gains tax rate by January 1, 2022. In this report, we discuss the biggest drivers of accelerated business sale activity, as well as analyze the outlook for eight industry sectors.

Tax increases in 2022
If you’re selling your privately held company, a key consideration may be closing the transaction before January 1, 2022 when new tax increases are likely to take effect. President Biden recently announced his plan to double the long-term capital gains tax rate for those at the top, from 20% to 40%. When you include the 3.8% net investment income tax (NIIT) and some state income taxes, you could be looking at a 48% all-in capital gains tax rate by January 1, 2022.